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Afzaal Hussain, Chief Financial Officer (CFO)

Afzaal Hussain

Chief Financial Officer (CFO)·Azizi Developments LLC

United Arab Emirates

Bachelor's degree, Internal Audit

Work experience

Total years of experience: 24 years, 2 months

Chief Financial Officer (CFO)

June 2016 - Present

Azizi Developments LLC

Dubai, United Arab Emirates

June 2016 - Present

key role since March 2010 during journey of "Azizi Developments" from small developer to leading player in UAE market and region with multibillion projects and assets with a balance sheet of over 4 billion and revenue over 2 billion. The company has delivered thousands of units since then and success story of "Azizi" continues by becoming second developer in off plan sales for 2018. "Azizi" remains committed to deliver over three thousand homes during 2019 and likewise much more in coming years to its customers via its construction focused strategy.
Azizi has consecutively secured "Developer of the Year" award since last three years in construction innovation awards.

As CFO I lead 67 team members including Finance, mortgage and sales admin functions. Following is summary of my achievements at Azizi Developments.
• Sales Growth: Contributed significantly towards huge sales success to become second largest developer in off plan sales for year 2018 by embedding business intelligence tools to create sales targets, automate performance evaluation, making incentives and sales growth strategies, improved collections and inventory movement via targeted approach and robust analytical tools to strategies for areas to focus.
• Budgeting, and cost control: Oversee budgeting and cost control for all multibillion projects under development and reduced operational and marketing cost to half by restructuring adding multimillions to profitability. Being member of tender and procurement committee saved multimillions to the company.
• Financing: Cash flow and treasury management for entire projects under construction and company including financing and engagement with financial institutions. Successfully raised AED 300 million project finance
• Automation: Key role in automating various processes and successful implementation of EPMS, DMS, sales force and various other systems to cater to business requirements.
• MIS and Analysis: Presentation of various reports and analysis to top management, board of directors and shareholders as strategic advice
• Customer satisfaction: As member of customer care committee have introduced various schemes for customer satisfaction.
• Oversee VAT, Liaison with external auditors, financial institutions and regulatory authorities.
Before taking over CFO role I established efficient internal audit department at Azizi Developments
Awarded twice with “Chairman’s award” and “Award of Excellence - Employee of the Year” at Azizi Developments for significant value additions to company’s business objectives.

Company industry:
Real Estate
Job role:
Accounting and Auditing

Manager Internal Audit

June 2016 - May 2017

Azizi Developments LLC

Dubai, United Arab Emirates

June 2016 - May 2017

Company industry:
Real Estate
Job role:
Accounting and Auditing

Group internal Audit

July 2014 - May 2016

Dubai Islamic Bank

Dubai, United Arab Emirates

July 2014 - May 2016

Company industry:
Banking
Job role:
Accounting and Auditing

Group Internal Auditor

March 2010 - July 2014

Azizi Investments LLC

Dubai, United Arab Emirates

March 2010 - July 2014

Company industry:
Real Estate
Job role:
Accounting and Auditing

Senior Audit Supervisor

April 2004 - March 2010

KPMG

Dubai, United Arab Emirates

April 2004 - March 2010

Company industry:
Accounting
Job role:
Accounting and Auditing

Consultant

April 2002 - March 2004

Tariq Mustafa Ramzana and Co

Islamabad, Pakistan

April 2002 - March 2004

Company industry:
Accounting
Job role:
Accounting and Auditing

Education

Institute of Internal Auditors (IIA)

June 2012

June 2012

Bachelor's degree, Internal Audit

United States

Certified Internal Auditor

Institute of Financial Consultants

December 2010

December 2010

Diploma, Finance

Canada

Institute of Chartered Accountants of Pakistan

September 2003

September 2003

Diploma, Accounting/finance/audit

Pakistan

Skills

KPMG
Expert
KPMG
Expert
Certified Internal Auditor
Expert
Certified Internal Auditor
Expert
Internal Audit
Expert
Internal Audit
Expert
Big 4
Expert
Big 4
Expert
Audit Committee
Expert
Audit Committee
Expert
Internal Audit
Internal Audit
Computer Assisted Audit
Computer Assisted Audit
IIA Standards
IIA Standards
International Standards on Auditing
International Standards on Auditing
International Accounting Standards
International Accounting Standards
External Audit
External Audit
Compliance
Compliance
IFRS
IFRS
Financial Analysis
Financial Analysis
Financial Reporting
Financial Reporting
Persuasive Presentation Skills
Persuasive Presentation Skills
Teamwork
Teamwork
Goal Oriented
Goal Oriented
Microsoft Office
Microsoft Office
Time Management
Time Management
Stress Management
Stress Management
Meet Deadlines
Meet Deadlines
Company Law
Company Law
Business law
Business law
KPMG (big 4)
KPMG (big 4)
Banking Knowledge
Intermediate
Banking Knowledge
Intermediate
KPMG
Expert
KPMG
Expert
Certified Internal Auditor
Expert
Certified Internal Auditor
Expert
Big 4
Expert
Big 4
Expert
Audit Committee
Expert
Audit Committee
Expert

Languages

English
Expert

Training and Certifications

Training
Civil Defence
Civil Defence Training Centre Govt of Dubai
Nov 2014
Internal Audit Transformation
Dubai Islamic Bank
May 2015
Risk based Internal Audits
PWC
Dec 2014
Certified Computer Professional Training
Institute of chartered Accountants of Pakistan
Feb 2001
Presentation Skills Training Course
Institute of Chartered Accountants of Pakistan
May 2002
Audit, accounts, finance, Tax, Corporate Law, Risk management, Data privacy and KPMG audit manual
KPMG
Apr 2004